Tesco have almost doubled it dividend to 5.77p per share, a huge 92.3% increase from the previous year. The increase comes after it reported full year pre-tax profits of £1.7bn, a 28% increase from last year, with revenue rising by 11% to £63.9 billion. Tesco stated that, whilst the...
House of Fraser has confirmed plans to close some of of its stores as part of a restructuring plan that will see C. banner international, the Chinese owner of Hamleys toy shop, acquire a 51 per cent stake in the company, for a reported sum of £70 million. House of...
Halma PLC (LON: HLMA) has bought Rath Communications, a provider of emergency communication in the USA, for £32.6 million. Halma, the leading safety, health and environmental technology group, will make Rath Communications part of the Group's Infrastructure Safety Sector. Andrew Williams, Halma's Chief Executive, commented: "Rath extends Halma's safety communications...
Royal Bank of Scotland (RBS) profits have more than doubled in 2018 to £1.62 billion, an increase of £870 million from last year, with a pre-tax profit of £3.36 billion. It represents a massive turnaround for RBS since the £45.5bn Government bailout in 2008. A special dividend of 7.5p per...
National Grid has agreed to buy Geronimo Energy, a leading clean energy developer based in Minneapolis, Minnesota for $100m, with potential further payments subject to successful development of the project pipeline. National Grid is also progressing with an agreement to acquire a 51% share in 378MW of solar and...
National Express has bought a 60% stake in US firm WeDriveU for $84.3 million. WeDriveU provides employee shuttle services to many of the largest Fortune 500 companies in Silicon Valley and the broader San Francisco Bay Area. It also has a presence in several other US cities such as...
The Carphone Warehouse, owned by Dixons Carphone, have announced plans to close 92 stores this year, stating that they won’t tolerate the current performance in mobile, or as a Group. Dixons Carphone expects pre-tax profits in the year 2017-18 to be £382 million, but then fall to £300 million in 2018-19. The...
Housebuilder Redrow have reported a pre-tax profit of £185 million for the first half of the year; an increase of 5%. Revenue rose by 9% to £970 million. The total order book was up 11% to a record £1.162 billion. As a result of Redrow's strong performance dividends will be...

Dunhelm sales up by 9%

Dunhelm, one of the UK’s largest homeware retailers, have reported a 9 per cent increase in like-for-like sales for the last quarter. Store revenue increased by 5.7% to £246 million, with online sales up by 37.9% to £36 million. The overall growth for the group was 2.0%, reflecting the closure...
Coca‑Cola HBC, a leading bottler of The Coca-Cola Company, has bought Bambi for €260m. Bambi, established in 1967, is Serbia's leading regional confectionery business, manufacturing a range of products including biscuits, wafers and savoury snacks. In 2018, Bambi recorded revenue of approx €80 million, of which more than two thirds are...
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